Directions (next ten questions): Read the following passage given below with blanks. You have to choose the correct option to fill-up the blanks.
As is well known, India made a major effort to cut...(91)...red tape and 'unshackle the tiger' a little over twenty years ago. The economy responded...(92)...and we have seen a healthy annual growth rate averaging close to 7 percent over this period. Companies active in the Indian market-...(93)...Indian or foreign- benefited from this growth as, to quote our chinese neighbours, 'the rising tide lifted all boats.' However, while opportunities for growth still...(94)...some product categories are becoming saturated, or at least the most lucrative customers have already been...(95).... This is true in case of mobile services, for example, where penetration has already reached 70 percent. This means that to ...(96)... growth and profitability, companies will have to look at new ways to excite customers. Ergo... innovation is on the corporate agenda. But the bigger reason d'etre for innovation is India's...(97)... social challenges. With the second-largest population in the world, the world's largest number of poor healthcare, and poor nutrition levels, India's economic and geopolitical aspirations will have meaning ...(98)... if we can raise our performance on social indicatiors rapidly, Given the country's resource...(99)... and its poor track record in ...(100)... these issues, there is a crying need for innovation.